The cost per report is $0.934.
Given,
Total expenses of 500 copies = $550
Supplies expenses = $25
Equipment expenses = $48
We need to find the cost per report.
We have,
Total expenses = supplies + equipment + cost of 500 copies of report
$550 = $25 + $48 + cost of 500 copies of report
$550 - $35 - $48 = cost of 500 copies of report
$467 = cost of 500 copies of reports
We have,
500 copies of report = $467
1 copy of report = $467/500 = $0.934
We see that the cost of one report is $0.934
Thus the cost per report is $0.934.
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